The Bio-Based Polyols Market is expected to grow from US$4.257 billion in 2025 to US$6.229 billion in 2030, at a CAGR of 7.91%. 
Bio-based polyols are increasingly being used in place of existing petrochemical-based polyols as they have a similar structure and properties. Bio-based materials like soy-based polyols can offer many advantages over the conventional polyols in terms of reduction in petroleum dependence, sustainability, and reduction in potential cost, and they are also often characterized by less sensitivity to hydrolysis and high thermal stability. The burgeoning need to derive products from renewable resources is driving the bio-based polyols market.
The growing need for polyurethane foams in a number of industries, such as construction and automotive, is boosting the demand for bio-based polyols. Manufacturers are introducing bio-based polyols and investing in this technology to gain a competitive edge in the market. These polyols help in meeting the growing market demand for high-performance and 100% renewable building blocks for coating & adhesives. Furthermore, the bio-based polyols are being used because they reflect a positive light on environmental protection, along with the lightweight targets in the transportation industry and renewability.
Geographically, Asia-Pacific holds a significant share in the market due to the growing automotive industry and construction activities in the region. However, the rising demand for biodiesel has driven up the subsequent cost of the bio-based polyols.
Bio-based polyols are increasingly being used in place of existing petrochemical-based polyols as they have a similar structure and properties. Bio-based materials like soy-based polyols can offer many advantages over the conventional polyols in terms of reduction in petroleum dependence, sustainability, and reduction in potential cost, and they are also often characterized by less sensitivity to hydrolysis and high thermal stability. The burgeoning need to derive products from renewable resources is driving the bio-based polyols market.
The growing need for polyurethane foams in a number of industries, such as construction and automotive, is boosting the demand for bio-based polyols. Manufacturers are introducing bio-based polyols and investing in this technology to gain a competitive edge in the market. These polyols help in meeting the growing market demand for high-performance and 100% renewable building blocks for coating & adhesives. Furthermore, the bio-based polyols are being used because they reflect a positive light on environmental protection, along with the lightweight targets in the transportation industry and renewability.
Geographically, Asia-Pacific holds a significant share in the market due to the growing automotive industry and construction activities in the region. However, the rising demand for biodiesel has driven up the subsequent cost of the bio-based polyols.
Bio-Based Polyols Market Growth Drivers
- Increase in the demand for environment-friendly materials
- Rise in the demand for bio-based polyols from end-user industries such as automobile, packaging, and furniture.
Bio-Based Polyols Market Restraints
- Availability of Substitutes
Bio-Based Polyols Market Key Players
The major players profiled in the global bio-based polyols market are BASF SE, The Dow Chemical Company, Lanxess Aktiengesellschaft, Shell International, Convestro, Stepan Company, Repsol, Lonza Group, Cargill, Incorporated, and Vithal Castor Bio-based polyols Pvt. Ltd.Bio-Based Polyols Market Segmentation:
The global bio-based polyols market has been analyzed through the following segments:
By Raw Material
- Vegetable Oils and Derivates
- Soya
- Castor
- Sugar
- Others
By Application
- Foams
- Rigid
- Flexible
- CASE (Coatings, Adhesives, Sealants, and Elastomers)
- Casting and Molding
- Others
By End-User
- Building and Construction
- Automotive
- Food and Beverages
- Others
By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Indoensia
- Thailand
- Others
Table of Contents
1. EXECUTIVE SUMMARY4. TECHNOLOGICAL OUTLOOK
2. MARKET SNAPSHOT
3. BUSINESS LANDSCAPE
5. BIO-BASED POLYOLS MARKET BY RAW MATERIAL
6. BIO-BASED POLYOLS MARKET BY APPLICATION
7. BIO-BASED POLYOLS MARKET BY END-USER
8. BIO-BASED POLYOLS MARKET BY GEOGRAPHY
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
10. COMPANY PROFILES
11. APPENDIX
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | May 2025 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value ( USD | $ 4.26 Billion |
| Forecasted Market Value ( USD | $ 6.23 Billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
